# PPP loan: LOS ARCOS OF NORTH CAROLINA 1
> **$180K** approved 05/02/2020 · Charged Off · Loan `9798667308`
## Borrower
- **Name:** LOS ARCOS OF NORTH CAROLINA 1
- **Address:** 300 N New Hope Rd, Gastonia, NC, 28054
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $180K
- **Initial approval:** $180K
- **Status:** Charged Off
- **Term:** — months
## Use of funds
- **Payroll:** $180K
- **Jobs reported:** 25
## Lender
- **Originating:** Customers Bank
- **Servicing:** Customers Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*